News Details
Hong Kong billionaire eyes 11th F1 team
Dec.2 British reports suggest new plans are afoot for an eleventh Formula 1 team. With Michael Andretti's well-known US-based operation openly seeking an official entry, a new suitor has now emerged – Hong Kong life insurance billionaire Calvin Lo. The Mirror newspaper reports that he is in talks with 'a number of teams and drivers'. Lo reportedly said he is keen on Formula 1 because the sport has 'entered a new era with growing popularity and a new generation of fans'. He also told the Daily Star newspaper: 'I am not smart enough to run the team! Whatever involvement I would have, it would be financial. 'We've been looking at a current team and that's how the idea of starting a new...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
‘I didn't do it on purpose': Guenther Steiner to...
It has incredibly been revealed that Haas boss Guenther Steiner caused...
3y ago from Formula1News.co.uk
Lewis Hamilton makes ‘big ugly' comment about...
2022 was certainly not the season Lewis Hamilton would've hoped for as he...
3y ago from Formula1News.co.uk
Fernando Alonso handed boost via £200m Aston Martin...
Aston Martin are edging ever closer to having the facilities in place to...
3y ago from Formula1News.co.uk
Inside Line: Our Twitter journey. If it ain't...
Let's start with what might've been the moral of the story summing up our...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pierre Gasly buys shares in the Tech3 MotoGP team
No description available...
1h ago from Motorsport.com
Pedro Acosta to race for Ducati in 2027 alongside Marc...
No description available...
6h ago from Motorsport.com
Toprak Razgatlioglu: MotoGP's newest superstar
On one fateful day, June 10, 2025, news finally broke that would mark one...
6h ago from MotorsportWeek.c...
Has Yamaha ditched its triplane aero for Ducati-style...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Cindric returns to Team Penske for 2026 as...
No description available...
19h ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
19h ago from MotorsportWeek.c...
D.C. race "would be massive opportunity for...
No description available...
2d ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
1d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
4d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arteta wants £42m La Liga maestro to end...
Arsenal are keeping tabs on the development of the Villarreal midfielder...
48m ago from CaughtOffside.com
'You have to go on the pitch and deliver' - Arsenal...
Arsenal head coach Mikel Arteta has responded to suggestions that...
3h ago from SportsKeeda.com
Former Liverpool star names key area of game Arsenal's...
Ex-Liverpool midfielder Danny Murphy has urged Arsenal superstar Declan...
2h ago from SportsKeeda.com
'I'm talking with…' – Tottenham transfer...
Tottenham have an interest in signing Bayern Munich winger and former...
5h ago from CaughtOffside.com
Comments
Hottest News
2026 F1 Barcelona Pre-Season Test - Day 5 morning results
Check out the morning results from the final day... Read More »
4h ago from RacingNews365.com
Aston Martin ‘struggle with F1 speed limit’ at...
Aston Martin are reportedly struggling with the... Read More »
4h ago from GPFans.com
Charles Leclerc says the Ferrari SF-26 not the most...
Charles Leclerc offered some insight about the... Read More »
1h ago from GrandPrix247.com
